Question: Convert 6.36% compounded monthly to an equivalent interest rate compounded semi-annually. Round EFF to four decimal places, round NOM (2) to two decimal places. NOM

Convert 6.36% compounded monthly to an equivalent interest rate compounded semi-annually. Round EFF to four decimal places, round NOM (2) to two decimal places. NOM (1) = % EFF = C/Y (1) = 6 % (4 decimal places) NOM (2) = % % C/Y (2) = 6

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